First Interstate BancSystem Inc’s recently made public that its Director HEYNEMAN JOHN M JR unloaded Company’s shares for reported $16824.0 on Aug 23 ’24. In the deal valued at $30.59 per share,550 shares were sold. As a result of this transaction, HEYNEMAN JOHN M JR now holds 1,415,151 shares worth roughly $42.26 million.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
Then, RILEY KEVIN P bought 6,820 shares, generating $215,648 in total proceeds. Upon buying the shares at $31.62, the President & CEO now owns 113,825 shares.
Before that, RILEY KEVIN P bought 4,412 shares. First Interstate BancSystem Inc shares valued at $132,070 were divested by the President & CEO at a price of $29.93 per share. As a result of the transaction, RILEY KEVIN P now holds 117,655 shares, worth roughly $3.51 million.
Barclays downgraded its First Interstate BancSystem Inc [FIBK] rating to an Underweight from a an Equal weight in a research note published on October 31, 2024; the price target was decreased to $30 from $32. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who decreased its forecast for the stock in early October from “an Equal weight” to “an Underweight”. Barclays began covering FIBK with “an Equal weight” recommendation on March 08, 2024. Wells Fargo revised its rating on October 04, 2023. It rated FIBK as “an Equal weight” which previously was an “an Overweight”.
Price Performance Review of FIBK
On Monday, First Interstate BancSystem Inc [NASDAQ:FIBK] saw its stock fall -2.99% to $29.86. Over the last five days, the stock has lost -5.95%. First Interstate BancSystem Inc shares have fallen nearly -2.89% since the year began. Nevertheless, the stocks have risen 20.99% over the past one year. While a 52-week high of $33.00 was reached on 07/26/24, a 52-week low of $22.89 was recorded on 04/16/24. SMA at 50 days reached $30.61, while 200 days put it at $28.15.
Levels Of Support And Resistance For FIBK Stock
The 24-hour chart illustrates a support level at 29.52, which if violated will result in even more drops to 29.17. On the upside, there is a resistance level at 30.27. A further resistance level may holdings at 30.68. The Relative Strength Index (RSI) on the 14-day chart is 41.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.06, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 91.65%. Stochastics %K at 15.38% indicates the stock is a buying.
How much short interest is there in First Interstate BancSystem Inc?
A steep rise in short interest was recorded in First Interstate BancSystem Inc stocks on 2024-10-15, dropping by -0.45 million shares to a total of 2.16 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 2.61 million shares. There was a decline of -20.78%, which implies that there is a negative sentiment for the stock.
The most recent change occurred on March 15, 2023 when UBS began covering the stock and recommended ‘”a Neutral”‘ rating along with a $33 price target.
